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Period Of Presentation Of Transport Documents
Posted: Sun Feb 01, 2015 9:46 am
by RAHULCH
if a question arises like what is the maximum time for presentation of transaport documents and if the options are
1. 21 DAYS
2. AS PER THE LC,WHICH IS MOST APPROPRIATE ANSWER
Transport documents
Posted: Mon Feb 02, 2015 12:01 am
by picant
Hi Pal,
I think option 2, a credit may extend or limit this period of time.
Other comments appreciated
Ciao
Presentation period
Posted: Tue Feb 03, 2015 12:30 pm
by harlanadinata
The default of presentation period is 21 Days
.
But when the credit stated specific period, it will override all other terms.
.
Waiitng for other opinion. thanks. Hope it will help
T. Documents
Posted: Tue Feb 03, 2015 5:36 pm
by mano
hello,
the default allowed time of presentation is 21 colander days if the credit is silent in this respect and at least one original transport document is required.
the credit can modify this condition by reducing or extending such period if it is issued by SWIFT field 48 could be completed with these number of days, but any in case the maximum allowed time for any presentation will be the credit expiry date.
option B is more appropriate to me.
Regards
A.Rabie